2005 Mitsubishi Lancer Evolution 2.3 L Stroker 37r Turbo on 2040-cars

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FCA withdraws its offer to merge with Renault

UPDATE: Fiat Chrysler Automobiles released a statement confirming that it has withdrawn its merger offer, saying "it has become clear that the political conditions in France do not currently exist for such a combination to proceed successfully." The full statement can be read below our original story, which continues below. Fiat Chrysler has withdrawn its $35 billion merger offer for Renault, the Wall Street Journal and Bloomberg News reported on Wednesday. A source said that FCA had informed Renault it had withdrawn the offer after Renault's board of directors failed to reach a decision on the merger during a meeting that ran late into the night Wednesday. Instead, the board granted the French government's request to postpone its vote. The government wanted time to persuade Renault's reticent alliance partner Nissan. Renault's board issued a press release that said simply that it was "unable to take a decision due to the request expressed by the representatives of the French State to postpone the vote to a later Council." WSJ reported that Nissan's two members on Renault's board were balking, while the rest of the board favored the merger. The French government wouldn't it back the deal unless Nissan agreed to maintain its role in the Renault-Nissan alliance, sources said. Nissan had received little advance warning of the merger proposal and was balking. Apparently the French government thought Nissan could be brought around if given more time. "We should take our time to make sure that things are done well," French Finance Minister Bruno Le Maire told French television on Wednesday. When the French requested a delay and Renault's board granted it, FCA withdrew. The French state, which owns 15% of Renault, had also been seeking more influence over the merged company, firmer job guarantees and improved terms for Renault shareholders in return for blessing the $35 billion tie-up. The merger would have created the world's third-biggest automaker with combined sales of 8.7 million vehicles per year, and was intended to cut costs as the parties develop electric and autonomous vehicles. Read Fiat Chrysler Automobile's full statement below: FCA withdraws merger proposal to Groupe Renault June 5, 2019 , London - IMPORTANT NOTICE The Board of Fiat Chrysler Automobiles N.V. ("FCA") (NYSE: FCAU / MTA: FCA), meeting this evening under the Chairmanship of John Elkann, has resolved to withdraw with immediate effect its merger proposal made to Groupe Renault.

2023 Mitsubishi Triton detailed with new frame, new diesel engine

The new 2023 Mitsubishi Triton is around the corner, and the Japanese company has outlined some of the many changes it's making to the truck. The more rugged-looking exterior design hides a new ladder frame, and the pickup will be powered by a new turbodiesel engine. Sold as the L200 in some parts of the world, the Triton needs to be a lot of things to a lot of different people; it can be seen towing cattle in Australia, performing rescue operations in the Alps and being used as a daily driver in rural Chile. Catering to these different audiences isn't easy, but Mitsubishi has largely retained the tried-and-true formula that has made the current-generation truck relatively popular. Mitsubishi kept the outgoing truck's tough body-on-frame construction, though it designed a new frame rather than making updates to the old one. It developed a new double-wishbone front suspension system but kept the rear leaf springs as a compromise between ruggedness and on-road comfort. And power for the next-generation Triton will come from a new turbodiesel engine designed to deliver "a higher output." 2023 Mitsubishi Triton View 3 Photos We'll need to be patient to find out what effect these changes will have on the Triton's ride quality, off-road capacity and towing figures, and technical specifications haven't been released yet. For context, the current-generation Triton's base engine on the Australian market is a 2.4-liter turbodiesel four-cylinder rated at 178 horsepower and 317 pound-feet of torque. Buyers can choose between rear- and four-wheel drive and between a manual and an automatic transmission. Single-cab, club-cab and double-cab models are part of the range in Australia. The 2023 Mitsubishi Triton will make its global debut in Thailand on July 26 at 10 a.m. local time, which is 11:00 p.m. on July 25 in New York and 8:00 p.m. on the same day in California. The truck will be sold in numerous global markets, but the United States isn't one of them. Elsewhere, the Triton will compete in the same hotly-contested segment as the new Ford Ranger and the perennially popular Toyota Hilux. Related video: This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings.

2014 Pikes Peak Hill Climb: Final Practice Day 4 and pre-race notes

The running order has been established for the 92nd running of the Pikes Peak International Hill Climb for all classes and everyone's had all the practice they're going to get. On Sunday, June 29, the 14,110-foot-high mountain will ask each of them, "Who wants some?" Unlike previous years, while the bikes will run according to class, the cars will run according to their qualifying times set on the bottom section of the course, regardless of division, the fastest guys going first.
That puts Romain Dumas at the head of the 67 car entries, having set a time of 3:37.525 in his Norma M20 RD in the Unlimited Class, but the next Unlimited entry doesn't appear until sixth, Piero Nappi in his Picchio P4 pp with a time of 4:03.357. In between them, the two Mitsubishi MiEV Evolution IIIs start second and third in the Electric Modified class, that first one driven by Greg Tracy 11 seconds behind Dumas. Then comes Monster Tajima is his E-Runner Pikes Peak Special, then Paul Dallenbach leading the Open Wheel class, four positions ahead of the next Open Wheel competitor.
Leaders in the other classes: Michael Skeen driving a Nissan GT-R in the Open class in seventh, 12 positions ahead of the next class entrant; Jeff Zwart in eighth, driving a Porsche 911, will be the first in Time Attack 1, his competition starting right behind him; Robert Prillka in 21st is the first Time Attack 2 entry in a Porsche 911 GT3 Cup, three positions ahead of the next entry; in 23rd is Christopher Lennon in his 1973 Porsche 911 in the Vintage class, the next Vintage entry in 37th; the first Exhibition entrant is Donald Huffman in a Radical RXC in 50th, four positions ahead of the next in-class competition; and representing for Electric Production is Roy Richards in a Honda Fit EV.